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19:22
Analyst: Powell's Statement Leans Toward Hawkish Stance
BlockBeats News, July 31st, analyst Chris Anstey stated that Powell mentioned, "There is still plenty and plenty of uncertainty to work through. Yes, we are indeed getting more data all the time. But it feels a ways away right now, the end of that process. I think there's a lot that's going to happe...
19:12
White House Cryptocurrency Report Officially Released
BlockBeats News, July 31st, the White House Cryptocurrency Report was officially released. From connecting the East and West Coasts by railroad to connecting the world through the internet, since its founding, every generation of American entrepreneurs has led the construction of the next generation...
19:12
Powell: Economy in a Solid Position, Inflation Rate Slightly Above Target
BlockBeats News, July 31st, Federal Reserve Chair Powell stated that the economy is in a good place, with inflation slightly above target.The current policy stance puts us in a favorable position to respond in a timely manner. The Fed remains focused on its dual mandate. (Xinhua News Agency)
19:12
Powell: Tariffs Have Boosted Some Prices
BlockBeats News, July 31, Federal Reserve Chair Powell stated that the year-over-year June core personal consumption expenditures (PCE) inflation rate may be 2.7%. Although inflation has eased compared to 2022, it remains elevated. Most long-term inflation expectations indicators are in line with th...
19:12
Powell: The fundamental message is that the tariffs will have a transitory impact on inflation
BlockBeats News, July 31st, Federal Reserve Chairman Powell stated that the reasonable baseline is that the impact of tariffs on inflation is temporary.Upcoming data will help the Fed determine the future policy direction. The current policy stance is appropriate given the inflation risks. The curre...
19:12
Powell: No Decision Yet on September Meeting
BlockBeats News, July 31, Federal Reserve Chairman Powell stated that there are downside risks to the labor market. More information is expected in the coming months. No decisions have been made regarding the September meeting. (Xinhua News)
18:42
The Federal Reserve Keeps Interest Rates Unchanged for the Fifth Consecutive Time
BlockBeats News, July 31, the Federal Reserve kept interest rates unchanged for the fifth consecutive time.The Federal Reserve kept the benchmark interest rate unchanged at 4.25%-4.50%, in line with market expectations. (FXStreet)
18:42
FOMC Statement: Fed Governors Waller, Bowman Dissent on Rate Decision
BlockBeats News, July 31, Federal Reserve FOMC Statement: Federal Reserve Governors Waller and Bowman Dissent on Keeping Rates Unchanged.Economic growth slowed in the first half of this year. Uncertainty about the economic outlook remains elevated. (Kryptonite)
18:42
The Fed Removes Language Indicating Reduced Uncertainty
BlockBeats News, July 31st, the Federal Reserve removed language indicating that uncertainty has diminished. (Kinjun)
18:42
Traders Still Fully Expect the Fed to Cut Rates at Least Once by 2025
BlockBeats News, July 31, Traders Still Fully Expect the Fed to Cut Rates at Least Once by 2025. (Xinhua News Agency)
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